Few people here in Tennessee, or elsewhere for that matter, can buy a home for cash. The majority of people will need to borrow the money needed in order to do so. Obtaining a loan is not always as easy as it sounds, which is why a mortgage loan contingency regarding...
When can you retain a tenant’s security deposit?
Every time you approve a new tenant to reside in one of your properties, you incur the risk that this individual might cause damage to your property or refuse to pay rent for one reason or another. One of the reasons that landlords charge security deposits is to...
The common documents involved in a real estate closing
Buying a home here in the Memphis area is an exciting experience, but it takes time and a lot of work. Finally, after going through all of the preliminary due diligence such as obtaining a home inspection, getting an appraisal and finalizing financing, the time for...
